Business owners are busy. Their focus is on operations, management and growing the business. Administrative tasks, including bookkeeping, are not exactly high on their list of priorities.
Traditionally, bookkeeping was a very manual-data entry type of process. Countless hours would be required to complete this task. Typically, owners could spend the time themselves or hire bookkeepers to complete this task for them. The end result was good, but the process was timely and at times, frustrating.
Why do I need faster and easier bookkeeping?
When bookkeeping is done faster, you can review your company’s financials in real time, which helps with decision-making. Further, tax time will be much more of a breeze as your records will be up to date.
Every business should try to implement processes to make the business run smoother. The record keeping and bookkeeping process is no exception. There is a bookkeeping model that you can implement easily that will lead to fast results.
How can we make the bookkeeping process easier, faster…and cheaper?
I can show you a bookkeeping model that works very effectively. An example is simply emailing all of your invoices and receipts to a unique email address we setup. Once emailed, these documents are off of your hands and we will take care of the rest. You do not need to worry about manual bookkeeping for such transactions.
Another example is your bank statements and credit card statements. For example, we can setup an automatic feed with your bank so that all transactions are automatically fed into the accounting software. This leads to great time efficiencies as less time is spent on manual data entry and reconciliation.
Once you implement the system, you will have more time to focus on your business. You will save countless hours, which will greatly reduce your costs. If you are interested in learning more about how your bookkeeping process can be transformed, let me know and I will show you how.